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Metropolitan Chicago
Reply to "Buying an old house in Chicago"
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[quote=Anonymous]I’m a DC transplant to Chicago and am trying to buy my first home in Oak Park. I have been stunned by the poor quality of the housing stock here—for $520k, you get a house with cloth wiring (phased out elsewhere in the 1940s), with major foundation or other structural issues. I am looking in Oak Park but friends in the city say the same thing for houses in better school districts. Has anyone else noticed this? Property taxes are out of control up to 3.5%) so I’m starting to feel like we won’t be able to afford anything here either. We were so excited by Chicago’s more affordable housing it this definitely seems like part of the explanation![/quote]
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